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Equity Mates Media

Basis Points

A Investing , Business and Careers podcast

#36 in Investing · 🇦🇺 #94 in Business · 🇦🇺
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About the show

Small improvements, compounded. That is the power of basis points. From Equity Mates Media, Basis Points is a show for Australian financial advisers. Together, let's find small improvements that compound into big outcomes. Hosted on Acast. See acast.com/privacy for more information.

Newest episodes

Structuring wealth after the Budget: CGT, negative gearing, trusts, and tax hacks

29 min

With changes to capital gains tax, negative gearing and family trusts, the way advisers structure their clients' wealth is becoming more complicated. So what should they be doing now? Tax specialist and chartered accountant Jacqui Clarke joins Ally to explain why rushing to restructure could be a costly mistake, and where opportunities remain for advisers to help clients build and protect their wealth. They discuss the role of testamentary trusts, superannuation and succession planning, plus the red flags Jacqui sees advisers overlooking. Chapters: 00:00 Introduction and Budget Changes 01:37 Rethinking Investment Structures 03:34 Testamentary Trusts Explained 04:40 Reviewing Family Trusts 07:13 Capital Gains Planning 08:23 Negative Gearing and Property 10:17 Tax Strategies and Family Income 13:19 Moving Overseas for Tax 17:07 Investment Risks and Red Flags 21:53 ATO Focus and Wealthy Families 23:24 Governance, Structures and Advice 27:37 Building Wealth Through Investing ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.50 Total Hours Knowledge Requirements: Taxation (0.50 hour) Legislated CPD Area: Tax (Financial) Advice (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See...

Anthropic, OpenAI, SpaceX: Do Advisers Need Private Markets for Growth?

29 min

Many of the world's greatest growth businesses are staying private for longer. So, do advisers have to allocate to private markets for growth? Australian Ethical Investment’s Head of Private Markets Adam Roberts certainly thinks so, noting that most businesses listing on public market exchanges are far bigger and more mature than they’ve been in decades. This is because they can raise vast amounts of capital from private market investors like venture capital firms, hedge funds, and endowments - meaning most of their growth happens well before they IPO. Roberts also cites regulatory pressure, shareholder activism, and cost and compliance as the culprits for the shrinking IPO market (particularly for high-growth tech companies). In this interview, Adam takes advisers through some of the opportunities (and world-class managers) Australian Ethical is invested in across private equity, venture capital, private debt, infrastructure and real estate today, as well as why he believes an ethical and impact framework can drive value for clients. Chapters: 00:00 Introduction: Private Markets and Growth 01:13 Why Companies Stay Private Longer 03:28 Retail Access and Investment Risks 05:49 Assessing Private Market Managers 07:52 Credit Risks and Portfolio Diversification 09:52 Where Adam Sees Opportunity 11:42 How Much to Allocate 14:18 Private Markets in a Portfolio 15:29 Sponsor Message 16:27 Renewables, Housing and Infrastructure 21:02 Private Equity and Venture Capital 25:37 Ethical Investing and Adviser Takeaways ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Alternative Assets (0.25 hour), Managed Investments (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Australian Ethical. Visit AustralianEthical.com.au to find out more. Please read the PDS and TMD to...

Regulators circle managed accounts, but are fears overblown?

34 min

As the managed accounts industry matures, regulators are circling. So, are there any bad players, and what should advisers expect as the regulatory environment shifts? To find out, Ally sat down with two “masters of the managed accounts universe,” Jonathan Tolub from Trellia Wealth Partners and Chris Carrodus from Evidentia. They speak to the industry’s rapid growth and tightening regulation following the Shield and First Guardian blow-ups. Plus discuss trustee scrutiny, private credit exposure, conflicts of interest, fee transparency and a possible performance test. Chapters: 00:00 Introduction 01:03 Why SMAs Grew 02:46 ASIC Scrutiny and Due Diligence 05:26 Managing Conflicts of Interest 07:52 Private Credit and Liquidity 12:56 The Performance Test Debate 16:39 Managed Account Consolidation 17:25 Fees and Platform Differences 20:19 Customising Portfolios 25:20 What Advisers Need Now 28:15 The Industry’s Next Five Years 30:01 Bond Yields and Super Transfers ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.75 Total Hours Knowledge Requirements: Managed Investments (0.50 hour) and Regulatory Environment (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) and Regulatory Compliance & Consumer Protection (0.25 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity M...

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All episodes

Structuring wealth after the Budget: CGT, negative gearing, trusts, and tax hacks

29 min

With changes to capital gains tax, negative gearing and family trusts, the way advisers structure their clients' wealth is becoming more complicated. So what should they be doing now? Tax specialist and chartered accountant Jacqui Clarke joins Ally to explain why rushing to restructure could be a costly mistake, and where opportunities remain for advisers to help clients build and protect their wealth. They discuss the role of testamentary trusts, superannuation and succession planning, plus the red flags Jacqui sees advisers overlooking. Chapters: 00:00 Introduction and Budget Changes 01:37 Rethinking Investment Structures 03:34 Testamentary Trusts Explained 04:40 Reviewing Family Trusts 07:13 Capital Gains Planning 08:23 Negative Gearing and Property 10:17 Tax Strategies and Family Income 13:19 Moving Overseas for Tax 17:07 Investment Risks and Red Flags 21:53 ATO Focus and Wealthy Families 23:24 Governance, Structures and Advice 27:37 Building Wealth Through Investing ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.50 Total Hours Knowledge Requirements: Taxation (0.50 hour) Legislated CPD Area: Tax (Financial) Advice (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See...

Anthropic, OpenAI, SpaceX: Do Advisers Need Private Markets for Growth?

29 min

Many of the world's greatest growth businesses are staying private for longer. So, do advisers have to allocate to private markets for growth? Australian Ethical Investment’s Head of Private Markets Adam Roberts certainly thinks so, noting that most businesses listing on public market exchanges are far bigger and more mature than they’ve been in decades. This is because they can raise vast amounts of capital from private market investors like venture capital firms, hedge funds, and endowments - meaning most of their growth happens well before they IPO. Roberts also cites regulatory pressure, shareholder activism, and cost and compliance as the culprits for the shrinking IPO market (particularly for high-growth tech companies). In this interview, Adam takes advisers through some of the opportunities (and world-class managers) Australian Ethical is invested in across private equity, venture capital, private debt, infrastructure and real estate today, as well as why he believes an ethical and impact framework can drive value for clients. Chapters: 00:00 Introduction: Private Markets and Growth 01:13 Why Companies Stay Private Longer 03:28 Retail Access and Investment Risks 05:49 Assessing Private Market Managers 07:52 Credit Risks and Portfolio Diversification 09:52 Where Adam Sees Opportunity 11:42 How Much to Allocate 14:18 Private Markets in a Portfolio 15:29 Sponsor Message 16:27 Renewables, Housing and Infrastructure 21:02 Private Equity and Venture Capital 25:37 Ethical Investing and Adviser Takeaways ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Alternative Assets (0.25 hour), Managed Investments (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Australian Ethical. Visit AustralianEthical.com.au to find out more. Please read the PDS and TMD to...

Regulators circle managed accounts, but are fears overblown?

34 min

As the managed accounts industry matures, regulators are circling. So, are there any bad players, and what should advisers expect as the regulatory environment shifts? To find out, Ally sat down with two “masters of the managed accounts universe,” Jonathan Tolub from Trellia Wealth Partners and Chris Carrodus from Evidentia. They speak to the industry’s rapid growth and tightening regulation following the Shield and First Guardian blow-ups. Plus discuss trustee scrutiny, private credit exposure, conflicts of interest, fee transparency and a possible performance test. Chapters: 00:00 Introduction 01:03 Why SMAs Grew 02:46 ASIC Scrutiny and Due Diligence 05:26 Managing Conflicts of Interest 07:52 Private Credit and Liquidity 12:56 The Performance Test Debate 16:39 Managed Account Consolidation 17:25 Fees and Platform Differences 20:19 Customising Portfolios 25:20 What Advisers Need Now 28:15 The Industry’s Next Five Years 30:01 Bond Yields and Super Transfers ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.75 Total Hours Knowledge Requirements: Managed Investments (0.50 hour) and Regulatory Environment (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) and Regulatory Compliance & Consumer Protection (0.25 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity M...

Robots and ruins: Inside China’s splitting economy

41 min

China's economy is splitting in two, and the investment opportunities aren't necessarily where you'd expect. While property investment has plunged and consumer spending has stalled, AI, advanced manufacturing and robotics are booming. Stillpoint Investments' Eric Wong joins Ally Selby to unpack China's K-shaped economy, why some of the most interesting stocks are hiding in struggling sectors, and what Western investors are missing about the world's second-largest economy. Plus, how Chinese manufacturers are navigating US tariffs, why political risk isn't unique to China, and whether China's lead in robotics can last. Chapters: 00:00 China’s Two-Speed Economy 01:37 China’s Economic Outlook 05:43 Is China Investible? 09:00 US–China Tensions and Opportunity 12:23 What Headlines Miss 16:22 Slower Growth, Sharper Differences 18:08 China’s K-Shaped Consumer 22:27 Overlooked Stock Opportunities 25:16 Chinese Manufacturing Moves to Mexico 31:30 China’s AI Frenzy 35:49 The Race for Cheaper AI 38:02 China’s Robotics Lead 📈 Stocks and ETFs Mentioned: JOYY Inc. (NASDAQ: JOYY), Intel (NASDAQ: INTC), Ferrari (NYSE: RACE), NVIDIA (NASDAQ: NVDA) FinFest Industry day is nearly here! Come join us on the 23rd October 2026. Register your interest here. ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.75 Total Hours Knowledge Requirements: Economic Environment (0.75 hour) Legislated CPD Area: General (0.75 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you sh...

Is fundamental investing dead? All hail the rise of quant

36 min

Fundamental stock picking is losing ground to systematic investing. But does that mean traditional active management is dead? Dr David Allen, Head of Long Short Strategies and Co-Head of Research at Plato Investment Management, joins Ally to explain how systematic managers are using data, technology and AI to find opportunities across thousands of companies. He takes us inside Plato's investment process, including the 154 red flags the team uses to identify short opportunities. Plus, David explains why diversification can improve returns when systematic strategies struggle, and the one metric he believes every adviser should use when assessing quantitative managers. Chapters: 00:00 Is Fundamental Investing Dead? 01:52 Why Traditional Stock Picking Is Changing 04:20 Inside the Black Box of Systematic Investing 07:25 Plato's 154 Red Flags for Identifying Risky Stocks 13:09 Separating Genuine Investment Signals From Noise 17:06 How Plato Uses AI to Analyse Markets 19:29 The Red Flags Emerging in Markets Today 25:34 Diversification, Performance and Choosing a Quant Manager Stocks and Funds Mentioned: Plato Global Alpha Fund, Echo IQ (ASX: EIQ), Allbirds (NASDAQ: BIRD), Meta Platforms (NASDAQ: META), DroneShield (ASX: DRO), Cettire (ASX: CTT), Tesla (NASDAQ: TSLA), Commonwealth Bank of Australia (ASX: CBA), GQG Partners (ASX: GQG), IBM (NYSE: IBM) CPD Points: This episode is accredited by the Financial Advice Association of Australia (FAAA). Complete the CPD quiz ___ to claim your points. Knowledge Requirements: Managed Investments (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial...

Are your clients actually diversified? The hidden risks inside every portfolio

25 min

It was once a given that investing across a variety of asset classes, meant you were diversified. Today’s guest believes that may no longer be the case. AI for example touches debt, equities and infrastructure. When the old asset-class labels no longer explain the risks and opportunities, what should advisers change in client portfolios? John Woods, the Deputy Chief Investment Officer and Head of Multi-Asset at Australian Ethical Investment shares the portfolio audit that every adviser should run to ensure clients are properly diversified. Chapters: 00:00 Introduction 03:15 When Asset Classes Overlap 05:59 Auditing Portfolio Risk 09:43 Themes with Staying Power 13:05 Resources and Spotting Hype 16:23 Ethical Investing and Risk 18:28 Opportunity in Infrastructure 20:23 Private Markets and Portfolio Fit 21:43 Three Checks for Advisers 23:23 Renewable Energy Meets AI Demand 📈 Stocks and ETFs Mentioned: Alphabet (NASDAQ: GOOG, GOOGL), TSMC (NYSE: TSM; TWSE: 2330), Sandfire Resources (ASX: SFR), Capstone Copper (ASX: CSC), Kodak (NYSE: KODK), Allbirds, now Smartbird (NASDAQ: BIRD), GoPro (NASDAQ: GPRO) ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Financial Planning (0.25 hour), Managed Investments (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Australian Ethical. To learn more, visit AustralianEthical.com.au Please read the PDS and TMD to consider if the product is right for you. Issued by Australian Ethical Investment Limited ABN 47 003 188 930, AFSL 229949. ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. A...

HUB24’s Jason Entwistle on AI and avoiding the next advice scandal

33 min

Jason Entwistle is worried. Australian advisers have one of the highest AI adoption rates in the world at a time when there are so many "shiny new toys” coming out. But he sees a real risk to the speed of this adoption. Taking up AI tools without enough DD could lead the industry to “end up in a bit of a scandal where data has ended up in the wrong spot,” giving the regulator another reason to intervene. So how can advisers still change with the times without risking their business? Jason joins Ally to explain why he thinks nailing your data and processes is the key. Chapters: 00:00:00 Introduction 00:01:45 Why Advisers Should Take AI Slowly 00:04:51 The Future of Financial Advice 00:07:10 The Risks of Getting AI Wrong 00:10:00 Which AI Start-ups Will Survive? 00:14:06 How Platforms Will Use AI 00:16:31 Keeping Client Data Secure 00:21:17 Building MyHub for the Industry 00:26:37 MyHub’s Launch, Pricing and Partners 00:31:17 AI Adoption and Advice Productivity This episode was recorded on 17th of September 2026. ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Generic Knowledge (0.25 hour), Practice Management (0.25 hour) Legislated CPD Area: Client Care & Practice (0.25 hour), General (0.25 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional....

Bond markets are now funding the AI boom. History tells us that's a warning sign

29 min

The world’s biggest technology companies are burning through their once-abundant cash reserves to fund the AI arms race. Increasingly, they’re turning to debt markets to fund the buildout. That means the most speculative part of the market is finding its way into defensives. So what does that mean for advisers and their clients? Fixed Income Director at Capital Group, Haran Karunakaran, joins Ally to explain: What previous debt-fuelled booms can teach usThe warning signs emerging in credit marketsWhy this cycle could still play out differently Chapters: 00:00 AI’s Debt-Fuelled Boom 03:53 Lessons From Past Bubbles 05:57 Cracks in Credit Markets 09:12 Is Credit an AI Hedge? 12:08 How Credit Investors Analyse AI 13:46 What Separates Hyperscalers 17:29 Are AI Bonds Attractive? 20:09 Beyond the AI Trade 22:52 Credit’s Biggest Risks 25:50 Where Credit Looks Attractive 28:18 Rethinking Defensive Allocations 📈 Stocks and ETFs Mentioned: Microsoft (NASDAQ: MSFT), Oracle (NYSE: ORCL), Meta Platforms (NASDAQ: META) ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Fixed Interest (0.25 hour), Managed Investments (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Capital Group. To find out more about Capital Group and their funds, head to their website: https://www.capitalgroup.com/intermediaries/au/en/ Thanks to Capital Group for supporting this episode of Basis Points and helping to keep our content free. Disclaimer: Past results are not a guarantee of future results. This information has been provided solely for informational purposes and is not an offer, or solicitation of an offer, or a recommendation to buy or sell any security or instrument listed herein. Statements attributed to an individual represent the opinions of that individual as of the date publis...

He’s met with 1000s of advisers - here’s what sets the best apart

29 min

What separates advice practices that scale well from those that get stuck? After meeting with thousands of advisers, Trellia Wealth Partners Managing Partner Cameron Spittle says the difference often comes down to one thing: the operating model. In this episode you will learn: How leaders can create greater adviser capacityWays to improve operational efficiency, and deliver better client outcomesWhere businesses should look when workflows start slowing them down Chapters: 00:00 What Sets Top Practices Apart 02:56 Building Adviser Capacity 06:31 Fixing Operational Bottlenecks 09:08 Scaling Advice Practices 14:10 The Managed Accounts Shift 18:35 Making Managed Accounts Work 23:03 AI and the Future Adviser 27:11 What Top Practices Do Differently This episode was recorded on 26th of August 2026 ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Practice Management (0.50 hour) Legislated CPD Area: Client Care & Practice (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

How to gear inside super without property

23 min

The rules around leverage have changed. So what does that mean for advisers? With residential property LRBAs no longer available inside SMSFs, instalment warrants remain one way advisers can use leverage in super. Citi Global Markets Director Elizabeth Tian and Five Financial Managing Partner and Head of Advice Jason Petersen join Ally to explain how instalment warrants actually work, where they fit compared to geared ETFs and margin loans, and the risks advisers need to consider. Plus, Jason shares two real client strategies, including how leverage can be used for retirees and younger accumulators. Chapters: 00:00 Leverage After Budget Changes 02:23 Instalment Warrants Explained 05:13 New Tax Rules Reshape Gearing 09:48 Why Use Leverage? 12:12 Who Uses Instalment Warrants? 14:57 Gearing Across Life Stages 18:36 SMSF Risks and Guardrails 21:10 The Long-Term Gearing Impact 📈 Stocks and ETFs Mentioned: Citigroup (NYSE: C) This episode was recorded on 25th August 2026. —— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Derivatives (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) —— This episode has been sponsored by TMX Australia Exchange - formerly Cboe Australia. To learn more or subscribe for insights and events, visit www.tmxaustralia.com. Thanks to TMX Australia for helping us keep our content free. Citi’s warrants are traded on TMX. If you're looking to understand the structured product options available to your clients, head to https://au.citifirst.com/ to find out more. —— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube —— Basis Points is a product of Equity Mates Media. his podcast is intended for education and entertainment purposes. Any advice is general advice on...

Why financial advice has an AI problem (and what actually fixes it)

26 min

AI tools have had a very “superficial” impact on financial advice so far. That’s according to today’s guest Simon O’Keefe, founder and CEO of Alcova, an AI adoption and safety company for Australian wealth management firms. He believes AI can be a “big unlock” for persistent capacity constraints the industry faces. But that so far, financial advisers are using it in ways that barely scratch the surface of what the technology can do. In this episode, Simon joins Ally to explain why note-takers and copilots aren’t transforming advice businesses, what an AI-native advice practice could look like, and why the traditional CRM model may be under threat. By the end of this episode, you’ll have a clearer picture of what AI could actually change in financial advice, and how to prepare your practice for it. Chapters: 00:00 AI’s Adoption Problem 03:14 Why AI Adoption Takes Time 05:42 The Problem With AI Tools 07:49 The Future Advice Tech Stack 09:53 Is Your Client Data Safe? 12:49 Future-Proofing Your AI Strategy 15:29 Who’s Actually Using AI Well? 17:52 How Leading Firms Use AI 20:29 One AI Experiment To Try 23:59 AI Isn’t Driving Growth Yet 📈 Stocks and ETFs Mentioned: Salesforce (NYSE: CRM) This episode was recorded on 11th August, 2026. ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Practice Management (0.50 hour) Legislated CPD Area: Client Care & Practice (0.50 hour) ——— This episode has been sponsored by Alcova AI. To see how Alcova can future proof your AI roadmap head to alcova.ai ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, a...

Zenith’s guide to rebuilding defensive portfolios

30 min

Defensive assets are meant to be the boring part of a portfolio. Now, it’s where advisers are making some of their hardest calls. Bonds spent the past few decades earning a reputation as the go-to hedge to equities. Since 2022, that reputation has been tested, with the correlation between the two asset classes flipping to positive territory. So, are bonds broken? Are they still good diversifiers for stocks? Or do advisers need to be looking elsewhere to “diversify their diversifiers”? In this episode, Zenith Investment Partners’ Head of Portfolio Solutions, Andrew Yap, and Head of Alternatives and Global Fixed Income, Rodney Sebire, outline why they believe now is the time for advisers and investors alike to rebuild the defensive portion of their portfolios. They share where they are seeing the most opportunity (across both public and private markets), how they assess managers (and the red flags you can look out for), as well as some of the recent innovations in managed accounts that can help advisers track public and private exposures. Chapters: 00:00 Why Bonds Aren’t Broken 05:05 Is De-Dollarisation a Threat? 07:00 Why Private Credit Boomed 11:11 Spotting Private Credit Risks 15:44 Private Credit’s “Cockroach” Problem 19:00 Navigating Private Asset Structures 21:53 Managers That Stand Out 24:38 Building the Defensive Portfolio 27:43 Why Fixed Interest Excites Register for your ticket to FinFest Industry Day here! ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Managed Investments (0.25 hour), Fixed Interest (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Zenith Investment Partners. Zenith Investment Partners is a leading investment research and managed account provider, with a 20-year track record of delivering premium investment research, fund...

From kings to catalogues: The overlooked asset class with a 600-year history

Stephen Otter, Partners Group’s Global Head of Private Markets Royalties, argues that royalties are uncorrelated to markets, low volatility, an inflation hedge, and generate a predictable yield. So, it’s surprising that most investors still have zero allocation to the asset class - despite royalties being around for a good 600 years. They originated with royal families (as the name suggests), where a payment would be made to a sovereign in return for the granting of mining rights. Today, they cover everything from music, healthcare, film, television, mining, oil and gas, books, theatre, and increasingly YouTube. To be clear, the asset class isn't without risk. Development-stage royalties can return zero if a drug fails approval or a mine never produces. Even established assets can disappoint. In this interview, we dive into the opportunity in royalties today, what advisers get wrong about the asset class, and perhaps the most perplexing question of all - why so few investors have exposure. Chapters: 00:00 Introduction 01:18 Why Evergreen Fits Royalties 03:56 Streaming Transformed Music 08:31 Beyond Music Royalties 11:41 Energy and Mining Royalties 13:42 How Royalties Are Valued 17:37 Royalties in Client Portfolios 19:07 Understanding Regulatory Risk 20:57 When Royalty Investments Go Wrong 24:03 Why Invest in Royalties Now 27:08 Music’s Untapped Growth 📈 Stocks and ETFs Mentioned: Deterra Royalties (ASX: DRR), BHP Group (ASX: BHP) Register for your ticket to FinFest Industry Day here! ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Alternative Assets (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is...

Grant Hackett on resilience, tax changes and his push to quadruple adviser numbers

32 min

Grant Hackett has now spent more time working in finance than he did in the pool, but he’s still best known for being one of, if not the greatest, distance swimmers Australia has ever produced. Hackett hung up his goggles in 2008 and is now the group CEO of ASX-listed Generation Development Group. In this episode of Basis Points, he takes advisers through the highs and lows of his Olympic career, his early days in business, as well as the significant shifts he believes are coming for the industry. He also shares his views on what some of the Government’s policy changes (super, capital gains tax, negative gearing and trusts) mean for advisers and their clients. Chapters: 00:00 Meet Grant Hackett 01:47 From Olympic Gold to Finance 06:20 Olympic Lessons for Leadership 10:44 Inside Generation Development Group 13:44 How GDG Finds Growth 19:28 The Future of Financial Advice 21:05 Investment Bonds and Tax 27:04 What Advisors Are Worried About 29:32 Life After Olympic Swimming 📈 Stocks and ETFs Mentioned: Generation Development Group (ASX: GDG) Apple Inc. (NASDAQ: AAPL) Westpac Banking Corporation (ASX: WBC) Register for your ticket to FinFest Industry Day here! ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Generic Knowledge (0.25 hour), Managed Investments (0.25 hour) Legislated CPD Area: Technical Competence (0.25 hour), General (0.25 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if...

Why financial advice has become generic (and how to actually stand out)

28 min

Will Hamilton has enshrined a simple belief at Hamilton Wealth Partners: Most financial advice practices pay lip service to client experience, yet it makes all the difference in the eyes of clients. In this episode, he shares how HWP differentiates through hyper-personalised service, from capping advisers at 50 clients to running large-scale client events that function more like weddings than seminars. He also gets into the harder conversations, how he manages complex family dynamics, what he screens for when acquiring practices, and the delicate balance of incorporating AI to expand capacity without compromising on service. Finally, he shares his view on markets. Australian equities are at their lowest weighting in the firm's history, and he explains why he thinks the market is overpaying for AI. Chapters: 00:00 Introduction 01:12 Why Advisers Need Differentiation 03:10 Creating Memorable Client Experiences 07:29 Events That Drive Growth 10:32 Scaling with AI and Acquisitions 15:07 Managing Complex Family Wealth 19:52 AI, Security, and Advice 22:36 Market Outlook and Portfolio Positioning 26:44 Chart of the Week & Closing 📈 Stocks and ETFs Mentioned: Magnificent 7 - Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), NVIDIA (NASDAQ: NVDA), Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOGL / GOOG), Meta Platforms (NASDAQ: META), Tesla (NASDAQ: TSLA) Register for your ticket to FinFest Industry Day here! ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Practice Management (0.50 hour) Legislated CPD Area: Client Care & Practice (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertain...

The biggest shift in financial advice history is less than 2 years away

26 min

Advisers’ entire tech stack will collapse in the next two years; that is the bold prediction of Paradino AI Co-Founder and CEO Alex Gassner. He sees the glaring gap between the 15,000 financial advisers in Australia and those 16 million Australian’s who need advice, as being closed in one way only- by purpose-built AI tools. Courtenay Fox, Co-Founder of Fox & Hare Financial, knows this firsthand. After testing around 10 AI tools before narrowing it down, her firm now runs AI across everything from file notes and paraplanning to document review and client communications. No client data goes into any general LLM tool. In this interview, Gassner and Fox outline why purpose-built AI is set to transform the advice industry, how Fox & Hare are already putting it into practice, and what every adviser needs to know about data security, liability and the looming advice gap. Chapters: 00:00 AI Will Transform Advice 01:23 The Future Advice Tech Stack 04:05 How Firms Use AI Today 05:17 AI Security and Compliance 10:28 Human Oversight Still Matters 13:00 Client Trust and Transparency 15:32 Data Privacy and AI Models 19:59 Can AI Close the Advice Gap? 21:20 Practical AI Tips Today 24:08 The Future of Financial Advice Register for your ticket to FinFest Industry Day here! ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.50 Total Hours Knowledge Requirements: Managed Investments (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Paradino AI. Paradino is the AI advice automation platform built specifically for Australian financial advisers. To find out more head to paradino.ai. ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This p...

Is value dead? One of Australia’s greatest investing veterans weighs in

26 min

The Hall of Fame fund manager and IML founder, Anton Tagliaferro, has seen enough cycles to know we’re nearing the top. He is convinced we are in a "speculative frenzy" of a bubble. In this episode, he provides his outlook on markets and where he’s seeing value. Chapters: 00:00 Introduction 01:22 AI Bubble or Déjà Vu? 03:54 Why AI May Disappoint 07:40 Is Value Investing Dead? 10:17 How Anton Invests Personally 15:15 Back Into Fund Management 16:56 Small Caps and New Fund 20:45 Advice for Uncertain Markets 23:25 Quant Funds Take Over 24:41 Final Market Outlook 📈 Stocks and ETFs Mentioned: Brambles (ASX: BXB), Coles Group (ASX: COL), Amcor (NYSE: AMCR), Main Pharma (ASX: MYX), DroneShield (ASX: DRO), WiseTech Global (ASX: WTC) Register for your ticket to FinFest Industry Day here! ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Managed Investments (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

The insider's guide to private credit: Red flags, risk & the road ahead

23 min

Do you understand what you're investing in within private credit? Frank Danieli, Managing Director and Head of Global Credit Solutions at MA Financial explains why that is so important. From funds providing better disclosures, to advisers having a clearer understanding of what classifies as “private credit”- Danieli talks through the road ahead for the asset class. Plus, Ally asks for his take on whether we’re in a private credit reckoning. Chapters: 00:00 Introduction 01:34 Defining Private Credit 04:17 Diversification Beats Specialisation 07:47 Why Close A Fund? 10:31 Biggest Credit Opportunities 14:56 The Quality Concentration Trap 18:46 Due Diligence Red Flags 20:27 Questions Every Adviser Should Ask 21:36 Alternatives In Portfolios Register for your ticket to FinFest Industry Day here! ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.50 Total Hours Knowledge Requirements: Fixed Interest (0.25 hour), Managed Investments (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by MA Financial. To learn more about MA Financial’s listed and unlisted private credit strategies, visit MAFinancial.com. Thanks to MA Financial for helping us keep all our content free. ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ———- Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operat...

4 structural shifts driving markets over the next decade

26 min

What will be the biggest risks and opportunities in markets over the next decade? While nobody has a crystal ball, Capital Group’s Investment Director Matt Reynolds joins the show to discuss the four structural shifts he believes will have the biggest impact on the decade to come. Plus, he explains the biggest mistake advisers are making with “diversified” portfolios. Chapters: 00:00 Introduction 01:40 Shift One AI Opportunity 05:13 AI Bubble Or Earnings Boom 08:52 Shift Two Rewiring Globalization 10:23 Industrial Winners Emerging 13:59 Shift Three Consumers Want Experiences 19:07 Shift Four Healthcare Innovation 24:05 The Diversification Mistake 📈 Stocks and ETFs Mentioned: Taiwan Semiconductor Manufacturing Company (NYSE: TSM) Broadcom (NASDAQ: AVGO) Register for your ticket to FinFest Industry Day here! ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.50 Total Hours Knowledge Requirements: Managed Investments (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Capital Group. To find out more about Capital Group and their funds, head to their website: https://www.capitalgroup.com/intermediaries/au/en/ Thanks to Capital Group for supporting this episode of Basis Points and helping to keep our content free. Disclaimer: Past results are not a guarantee of future results. This information has been provided solely for informational purposes and is not an offer, or solicitation of an offer, or a recommendation to buy or sell any security or instrument listed herein. Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. The information provided is not intended to be comprehensive or to provide advice. ——— Want more Basis Points? Sign up to the Basis Points emailJ...

Dollar Cost Ravaging: Why retirement flips the rules of investing

18 min

What if the strategy that built your clients' wealth is the same one quietly destroying it in retirement? A new report from Milford; When Timing Becomes the Biggest Risk in Retirement, suggests that retirement fundamentally changes the maths of investing- including Dollar Cost Averaging. Ally sits down with Regan van Berlo, Australian Country Manager at Milford, to hear how the report affects the way advisers prepare their clients for retirement. Chapters: 00:00:00 Why Retirement Changes Portfolio Construction 03:38 Advising Clients 15 to 20 Years Earlier 00:07:04 Managing Sequencing Risk and Drawdowns 00:10:15 Choosing Better Retirement Portfolio Metrics 00:12:25 Building Retirement Portfolios That Last 00:18:02 Practical Advice for Retirement Conversations ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.25 Total Hours Knowledge Requirements: Retirement (0.25 hour) Legislated CPD Area: Technical Competence (0.25 hour) ——— This episode has been sponsored by Milford. Visit Milford’s website to find out more about their funds and download their latest Orange Paper ‘When timing becomes the biggest risk in retirement’ here. Thanks to Milford for helping us keep our content free. https://milfordasset.com.au/orange-paper-when-timing-becomes-the-biggest-risk-in-retirement/ ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please...

Are you swimming with sharks? What advisers get wrong about private markets

33 min

The same portfolio mistakes keep showing up across adviser practices, and Jacqueline Fernley, Founder and OCIO of Arcpoint, has seen them all. When it comes to public markets, the mistakes look different but are just as costly. In this episode, we explore how you can avoid them. Plus how can advisers locate long term out-performers amongst the huge dispersion of performance in the asset class. Chapters: 00:00:00 Introduction 00:01:36 Advice Industry Trends 00:06:30 Building An OCIO Business 00:08:05 Market Noise And Staying Invested 00:09:42 Private Credit Reality Check 00:14:45 Private Markets Are Hard 00:17:58 Tax Changes And Portfolio Construction 00:20:44 Infrastructure’s AI Tailwind 00:23:05 What Jacqueline Avoids 00:27:31 How To Assess Managers 00:30:52 The AI CapEx Chart Want to see this weeks chart? Subscribe to the Basis Points newsletter. You’ll get exclusive insights from each episode, plus detailed analysis of each chart. ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Financial Planning (0.25 hour), Managed Investments (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See...

Morgan Stanley’s asset allocation playbook for the next 5 years

31 min

Welcome to 2026, where bonds no longer diversify stocks, volatility remains elevated and inflation isn't going anywhere. So how should advisers and their client portfolio’s respond? Morgan Stanley Wealth Management Australia Head of Investment Strategy and Solutions, Alexandre Ventelon, believes in this new market regime, advisers must brace for more volatility and “diversify their diversifiers”. Captured at the annual Morgan Stanley Australia summit last week, this conversation covers: Best Practices in APL review processes.Common mistakes advisers make during manager selection.Limitations of traditional 60/40 portfolios.Diversification benefits of alternatives. Chapters: 00:00:00 Introduction 00:01:55 Smarter Fund Selection 00:07:00 What Drives Returns? 00:11:53 The AI CapEx Boom 00:14:09 Diversify Your Diversifiers 00:18:19 Why Underweight Australia 00:23:49 Earnings Over Valuations 00:24:38 Picking Alternative Managers 00:27:26 Private Markets Under Pressure 00:30:16 The Most Important Chart Links Mentioned: Register for early bird Finfest tickets here - http://equitymates.com/finfest-industry Sign up to the Basis Points email ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.50 Total Hours Knowledge Requirements: Alternative Assets (0.25 hour), Managed Investments (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— Want more Basis Points? Watch all episodes in full and relive some of our favourite clips on YouTube Sign up to the Basis Points email Join the conversation on LinkedIn ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the...

Gerard Minack: 10 charts that expose what investors are getting wrong

50 min

These 10 charts will challenge your thinking on AI and economic growth. Acclaimed macro strategist and Australia’s “king of charts”, Gerard Minack from Minack Advisors joins Ally in the studio bringing his analysis of 10 different charts - each of which will reshape how you think about markets. From AI to global equities to the war in Iran, these charts will disrupt what you thought was the status quo. This episode was recorded on 26th May 2026 Chapters: 00:00:00 Introduction & 10 Charts 00:02:01 AI Earnings Bubble 00:06:22 The AI Revenue Problem 00:13:02 Following The AI Money 00:20:37 Has US Leadership Peaked? 00:27:07 America's Earnings Bubble 00:31:44 Strait Of Hormuz Risk 00:37:19 Oil Shock Recession Threat 00:41:58 Why The Fed Won't Cut 00:44:31 The Bull Case For Japan 00:49:36 Closing Thoughts Links Mentioned: Register for early bird Finfest tickets here - http://equitymates.com/finfest-industry ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.75 Total Hours Knowledge Requirements: Economic Environment (0.50 hour), Securities (0.25 hour) Legislated CPD Area: Technical Competence (0.25 hour), General (0.50 hour) ——— Want more Basis Points? Watch all episodes in full and relive some of our favourite clips on YouTube Sign up to the Basis Points email Join the conversation on LinkedIn ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/priv...

The dirty secret behind ESG funds (and how the experts spot a fake)

25 min

Want to learn how to sniff out red flags and greenwashing from a mile away? Australian Ethical’s Chief Impact & Ethics Officer Alison George has spent 20 years crafting her nose for it. In this episode she shares her Green and Red flags for choosing ESG funds plus the questions advisers can ask to cut through the greenwashing spin. She also tackles why the ethical investment industry needs to communicate better with investors - and whether you'll get better bang for your buck backing a transitioning fossil fuel giant over a tiny wind farm. Chapters: 00:00:00 Ethical Investing Under Fire 00:02:10 ESG After The Boom 00:08:12 When Ethics Trigger Divestment 00:11:54 Spotting Genuine ESG Funds 00:13:30 Backing Real Climate Winners 00:16:34 Advisers And Client Values 00:20:26 Climate Risk And Greenwashing 00:23:36 Pay-To-Play ESG Concerns 00:24:51 Risks Shaping The Future 00:27:18 Why Inequality Connects Everything 📈 Stocks and ETFs Mentioned: National Australia Bank (ASX: NAB) WiseTech (ASX: WTC) Lendlease (ASX: LLC) Links Mentioned: Register for early bird finfest tickets here - http://equitymates.com/finfest-industry ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Fixed Interest (0.25 hour) and Managed Investments (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disc...

J.P. Morgan warns: Overvalued USD, loose policy & real private credit risk

33 min

Is the 60/40 portfolio dead? What do Big Macs and Negronis have in common? Do bonds still diversify stocks? In this episode Andrew Norelli Managing Director at J.P. Morgan Asset Management, unpacks the macro forces driving markets and some of the "big bad risks" investors need to be aware of. Andrew was brutally honest about the world's economic future. Host Ally left this conversation reeling from his fresh takes- you won't want to miss this one. Chapters: 00:00:00 Episode Introduction 00:01:33 The Negroni Dollar Index 00:05:32 Fed Policy Gets Political 00:09:24 Why Wars Boost Economies 00:11:41 Are Bonds Still Diversifiers? 00:12:29 When Bonds Fail Investors 00:17:46 Private Credit Bubble Risks 00:19:46 Agentic AI Changes Everything 00:22:36 Best Fixed Income Opportunities 00:25:51 Is Australian Credit Attractive? 00:29:07 AI’s Productivity Explosion 00:31:59 The Entrepreneurship Boom 📈 Stocks and ETFs Mentioned: JPMorgan Income Hedged Active ETF (CBOE: JPIE) Links Mentioned: Register for early bird Finfest tickets here - http://equitymates.com/finfest-industry ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Fixed Interest (0.25 hour) and Managed Investments (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Cboe. The JPMorgan Asset Management Income Hedged Active ETF is listed on Cboe ticker JPIE. To find out more about J.P. Morgan Asset Management’s funds listed on Cboe head here ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal fi...

The 4-step playbook for investing in a world of surging debt

41 min

While the world fixates on geopolitical headlines, there is one risk today’s guest believes investors have become complacent about. One that isn’t making headlines. There are significant levels of debt in the financial system, whether that’s at the consumer level, corporate level, or within governments. Chad Padowitz, the Co-Chief Investment Officer at Talaria Capital, believes ballooning global debt has massive implications for inflation, interest rates, and how we invest. In this episode: 00:00 Market Outlook And Key Risks 02:11 Debt Pressures Reshaping Markets 04:07 Inflation Threats And Policy Risks 06:52 Dollar Weakness And FX Trends 10:59 Equity Opportunities Beyond Mega Caps 13:35 AI Hype And Valuation Risks 16:49 Finding Value In Uncertain Markets 22:31 Knowing When To Exit Positions 25:32 Growth Stocks Under Pressure 29:37 Using Options To Manage Risk 34:31 Why Income Still Matters 37:22 Debt Challenges And Policy Limits 40:42 Building Resilient Client Portfolios 📈 Stocks and ETFs Mentioned: Talaria Global Equity Fund Complex ETF (ASX: TLRA) Talaria Global Equity Hedged Fund Complex ETF (ASX: TLRH) Ferrari N.V. (NYSE: RACE) Everest Group Ltd. (NYSE: EG) Bunzl plc (LSE: BNZL) Johnson & Johnson (NYSE: JNJ) CF Industries Holdings, Inc. (NYSE: CF) NVIDIA Corporation (NASDAQ: NVDA) The Coca-Cola Company (NYSE: KO) Apple Inc. (NASDAQ: AAPL) Come join us at the Finfest adviser day event! Register for early bird tickets here - http://equitymates.com/finfest-industry ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.75 Total Hours Knowledge Requirements: Managed Investments (0.75 hour) Legislated CPD Area: Technical Competence (0.75 hour) ——— This episode has been sponsored by Cboe. To find out more about Talaria’s Global Equity Fund Complex ETF (Cboe: TLRA) & Global Equity Fund Currency Hedged Complex ETF (Cboe: TLRH) head to https://www.ta...

Lessons from David Swensen: Equity bias, alignment of interest & why boring is beautiful

27 min

Few Australians can say they were mentored by the late David Swensen - the legendary former Chief Investment Officer of the Yale Endowment Fund with one of the greatest long-term track records in history. Today’s guest is one of them. Anacacia Capital’s Jeremy Samuel, shares the lessons that shaped his approach across two decades of managing private and public markets. Chapters: 00:00 Introduction 01:22 Lessons from Yale Model 04:38 Equity Market Trends 08:58 IPOs & Liquidity Shifts 12:45 Boring but Beautiful Businesses 18:00 Active vs Activist Approach 21:02 Valuations & Risk Strategy 24:36 Active vs Passive Debate ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Managed Investments (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Anacacia Capital. To find out more about Anacacia or their funds head to https://www.anacacia.com.au Thanks to Anacacia Capital for helping us keep all our content on Basis Points, free. ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

He interviewed 800 advisers around the world. Here's the one thing they all got wrong

31 min

Today’s guest interviewed 800 financial advisers across the world, over the past 2 years. They all described experiencing the same problem; 80% of their time is spent on admin, just 20% talking to clients. It’s an advice efficiency problem. One that our guest is endeavouring solve with AI. Shak Lala is the co-founder of Marloo, an AI powered tech platform built for financial advisers. In this episode 00:00:00 Adviser Crisis And AI Opportunity 00:02:00 AI Trends And Adviser Impact 00:06:30 Structural Problems In Advice 00:11:00 Building Marloo And Key Pain Points 00:16:30 Compliance And Advice Evolution 00:22:00 AI Adoption And Workflow Changes 00:27:30 Scaling Advice And Future Vision This episode was recorded on April 21st 2026 ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Managed Investments (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Marloo. Try Marloo for free here! ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Ethics CPD with Dr Katherine Hunt

26 min

What if your ethics CPD this year actually made you a better advisor? Dr. Katherine Hunt, PhD-qualified financial planner and internationally recognised speaker on ethical growth, joins Basis Points to reveal how advisors can use client psychology and AI to scale trust, deepen relationships, and build a practice that compounds over generations. In this episode: 00:00 AI Era Client Experience 00:30 Ethics and Adviser Mindset 03:00 Ego and Ethical Growth 06:02 Scaling Trust and Connection 09:56 AI, Trust, and Systems 14:34 The Human Code Framework 16:35 What Clients Truly Value 18:53 Fear, Growth, and AI 22:44 Future of Successful Advisers 23:44 One Action to Improve ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Ethics (0.50 hour) Legislated CPD Areas: Professionalism and Ethics (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

War, rebounds & rate hikes: Why you shouldn’t go all-in on Equities

27 min

Markets shrugged off a US-Iran conflict and rallied, but should they have? Canaccord CIO David Cassidy breaks down why a lot of good news is already priced in before a deal has even been reached. In this episode: 00:00 Market Setup And War Impact 04:40 RBA Risks And Aussie Outlook 08:05 Volatility Strategy And Corrections 12:05 Fixed Income And Private Markets 15:04 Rare Earths And ASX Opportunities 20:25 Diversification And Tech Outlook 📈 Stocks and ETFs Mentioned: Commonwealth Bank of Australia (ASX: CBA), Lynas Rare Earths Ltd (ASX: LYC), Evolution Mining Ltd (ASX: EVN), Alcoa Corporation (ASX: AAI), Telix Pharmaceuticals Ltd (ASX: TLX), ResMed Inc (ASX: RMD), Xero Ltd (ASX: XRO), Technology One Ltd (ASX: TNE) This episode was recorded on 21st April 2026 ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz HERE to claim your points. 0.5 Total Hours Knowledge Requirements: Economic Environment (0.25 hour) & Managed Investments (0.25 hour) Legislated CPD Areas: Technical Competence (0.25 hour) & General (0.25 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

What 17 years in the Navy taught this adviser about money

23 min

What can a Navy officer teach you about financial advice? Jason Petersen, Managing Partner at Five Financial, shares how military discipline shapes his approach to advice, leadership, and client relationships. He explains why his firm has gone all-in on a market beta investment strategy, arguing that consistent returns, tax efficiency, and low turnover matter more than chasing outperformance. Beyond investing, he highlights where advisers should really focus their time and why most clients care far less about performance than you think. He also makes a strong case for AI adoption in advice, warning that firms who ignore it risk being left behind as efficiency and scalability become critical. His message; control what you can (structure, strategy, and behaviour) and let the market do the rest. In this episode: 00:00 From Navy To Financial Advice 03:59 Leadership And Building Client Trust 07:33 Scaling With Near Zero Attrition 11:19 Strategy Over Returns That Matter 15:58 How AI Is Changing Advice 22:26 Why Staying Invested Wins ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.0 Total Hours Knowledge Requirements: Practice Management (0.50 hour) Legislated CPD Area: Client Care & Practice (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Au...

Evidentia’s Jo Cornwell: How to pick winning funds (and avoid blow-ups)

26 min

If you've ever wondered how the pros really pick fund managers, this episode is for you. This week, we’re joined by Jo Cornwell, the Head of Manager Research at $34.5 billion managed account provider Evidentia Group. Plus, we discuss the red flags advisers should look out for when backing funds. In this episode: 00:00 SMA Boom Explained 03:23 Assessing Fund Managers 09:02 Local vs Offshore Debate 11:58 Culture Drives Performance 13:56 Portfolio Construction Strategies 18:42 Navigating Market Volatility 22:38 Alignment and Growth Challenges 23:03 Building a 3-Asset Portfolio 25:13 Why Managed Accounts Matter 📈 Stocks and ETFs Mentioned: Magellan Financial Group (ASX: MFG), Platinum Asset Management Limited (ASX: PTM) This episode was recorded on the 8th of April ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.0 Total Hours Knowledge Requirements: Financial Planning (0.25 hour, Managed Investments (0.25 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ———- Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

How this adviser built a $600m business in less than a decade

25 min

$3.5 to $5 trillion is set to change hands in Australia by 2034. For advisers, this is a once-in-a-generation client acquisition opportunity. In this episode, Ally Selby sits down with Candice Bourke, Senior Investment Adviser at Shaw & Partners, who has built a $600 million advice business alongside Felicity Thomas. Candice how advisers can position themselves to capture intergenerational wealth- particularly as more women take an active role in their financial future. She also unpacks how she’s guiding clients through today’s market volatility, including her “traffic light” framework for decision-making, and why communication, not portfolio changes, is often the most valuable lever in uncertain times In this episode: 00:00:00 The $5 Trillion Wealth Shift 00:02:57 Scaling A $600 Million Book 00:05:25 Closing The Gender Wealth Gap 00:07:58 Capturing The Next Generation 00:12:01 AI Versus Human Advice Edge 00:15:40 Investing Through Market Chaos 00:20:12 What Clients Need Most Now This episode was recorded 23rd March 2026 ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Practice Management (0.50 hour) Legislated CPD Area: Client Care & Practice (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Austral...

The woman deploying $15bn into Australia’s future: Quantum computing, space & defence

26 min

What does it take to deploy $15 billion into the industries that will define Australia's economic future? This week’s guest is uniquely placed to answer that. Mary Manning is the inaugural Chief Investment Officer of the Albanese government's National Reconstruction Fund. In this episode we discuss the seven key sectors identified as “engines of growth” for the Australian economy over the next 20 years, and how advisers (and their clients) can get exposure. In this episode: 00:00 Introduction & Career Journey 02:11 NRF Purpose Explained 04:39 Investment Process Breakdown 07:42 Strategy & Deal Flexibility 10:21 Priority Sectors RED TRAM 14:01 Defense & Growth Themes 16:49 VC Strategy & Collaboration 19:29 Listed Market Opportunities 23:59 Long-Term Vision & Accountability 📈 Stocks and ETFs Mentioned: Macquarie Technology Group (ASX: MAQ), Liontown Resources Ltd (ASX: LTR), Arafura Resources Ltd (ASX: ARU, Alpha HPA Ltd (ASX: A4N), Harrison AI (Private), Gilmore Space (Private) This episode was recorded on the 17th March 2026. ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Managed Investments (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Austr...

Why inheriting a fortune can tear a family apart - and how to stop it

27 min

In this episode, we're joined by Paul Burgon, the Managing Partner and CIO of Lipman Burgon & Partners, who ranked #4 in the 2025 Barron's Top Adviser List. Burgon argues the biggest concern facing his clients is the “third-generation curse” - and he may just have the cure advisers are looking for. In this episode: 00:00 Introduction 01:05 Paul’s Career Journey 03:38 Growing to $3B AUM 06:40 Trust and Succession Model 08:23 Deep Client Relationships 09:38 Scaling Without Sacrificing Quality 12:23 Engaging Next Generation Clients 15:09 Real Client Challenges Today 17:20 Sudden Wealth Case Study 18:41 AI’s Impact on Advice 23:18 Oil Prices and Markets 📈 Stocks and ETFs Mentioned: Goldman Sachs Group, Inc. (NYSE: GS) National Australia Bank Limited (ASX: NAB) Investec Group (JSE: INP) ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). 0.50 Total Hours Knowledge Requirements: Practice Management (0.50 hour) | Legislated CPD Area: Client Care & Practice (0.50 hour) Complete the quiz here to claim your points. ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ———- Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Why institutions are quietly buying Bitcoin

33 min

For years, cryptocurrencies had been cast aside as the speculative Wild West of the investment world. But something has quietly shifted in the last two years. That’s according to Global X ETFs Investment Strategist Justin Lin, who argues that the asset class has moved away from its retail-driven origins to become an increasingly institutionalised asset class. While our host, Ally Selby, has long been a sceptic, somehow, Lin convinced her that cryptocurrencies should no longer be seen as the playground for scammers and fraudsters, but a regulated ecosystem with assets worthy of a place in strategic portfolios. Learn why in this episode. Chapters: 00:00 Introduction 01:16 Crypto Goes Institutional 03:02 ETFs and Adoption Drivers 05:06 Market Maturity and Volatility 07:06 Halving Cycle and Volatility 10:06 Bitcoin Value Debate 13:20 Australia vs Global Trends 15:44 Regulation and Market Impact 17:14 Bitcoin vs Ethereum Roles 19:46 What Drives Crypto Prices 23:06 Catalysts and Future Outlook 27:35 Allocation and Final Takeaways 📈 Stocks and ETFs Mentioned: Apple Inc. [NASDAQ: AAPL] Global X 21Shares Bitcoin ETF [CBOE: EBTC] Global X 21Shares Ethereum ETF [CBOE: EETH] Thanks to CBOE APAC for sponsoring this episode. For more information about the CBOE listed Global X 21 Shares Bitcoin ETF (CBOE: EBTC) , head here or the Global X 21 Shares Ethereum ETF (CBOE: EETH), head here.  This episode was recorded on the 3rd of March 2026. ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours Knowledge Requirements: Generic Knowledge (0.50 hour) Legislated CPD Area: General (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and e...

Kerr Neilson on oil shocks and why gold will hit $8,000

29 min

Kerr Neilson, the legendary contrarian investor behind Platinum, lays out a bold case for why the next decade may belong not to AI darlings. He argues markets are entering a period of profound disruption, pointing to geopolitical fragmentation, war in the Middle East, and fragile global oil supply as long-term threats- warning these forces are reshaping markets. Beyond the macro themes, he offers practical insights for advisers: the dangers of crowded trades, the inefficiencies created by passive investing, and the importance of contrarian thinking in an ETF-dominated world. His message is clear. The biggest opportunities often lie where capital has been scarce. In this episode: 00:00 Why Contrarian Investing Still Works 03:00 Where ETF Crowding Creates Opportunity 06:00 How Oil Shocks Could Reshape Portfolios 08:42 Balancing Gold, Cash And Real Assets 11:20 What Samsung And Platinum Signal 16:10 Where Advisers May Find Mispriced Value 📈 Stocks and ETFs Mentioned: Samsung (KRX: 005930) Impala (JSE: IMP) Petrobras (NYSE: PBR) Sky Metals (ASX: SKY) Valterra Platinum (JSE: VTR) 🎟️ Join us at the Basis Points Boat Party, get your tickets here. ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). 0.50 Total Hours Knowledge Requirements: Managed Investments (0.50 hour) | Legislated CPD Area: Technical Competence (0.50 hour) Complete the quiz here to claim your points ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ———- Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Dis...

Big Things Ahead: Ally Selby joins Basis Points

7 min

We have an exciting announcement- meet the new host of Basis Points; Ally Selby. It’s been one year of Basis Points, and what a year it’s been! We reflect on some of the highlights so far and usher in a new (and we think improved) era of the show. A new host, even bigger guests, weekly episodes and live events to look forward to. Links Mentioned: 🎧 Listen to the Magunthan Siva episode here 🎟️ Join us at the Basis Points Boat Party, get your tickets here. 📥 Got a suggestion or a question for the show? Get in touch with Ally on Linkedin here or use the contact form on our website ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Christopher Joye sees the world differently: Bitcoin, Interest Rates, Green Bonds & AI Debt

37 min

Crypto. Rates. AI debt. Green bonds. In this episode, Chris Joye, CIO of Coolabah Capital, lays out a macro view that cuts against consensus. He calls Bitcoin “pure Ponzi”, makes the case for re dollarisation not de dollarisation, and warns AI driven CapEx could be understated as hyperscalers ramp up debt issuance. We also unpack Coolabah’s active bond trading model and the Global Carbon Leaders Fund, which targets green bond mispricings with floating rate exposure and enhanced yield. In this episode: 00:00 Bitcoin, Bonds & Big Claims 03:01 Bitcoin Sell-Off Breakdown 07:44 Re-Dollarization Over De-Dollarization 11:44 Fed Pivot and 5% Yields 14:45 AI CapEx Debt Supercycle 18:04 RBA Rate Hike Warning 22:44 Capital Gains & Tax Reform 24:05 Inside Coolabah’s Trading Edge 26:53 Global Carbon Leaders Explained 30:24 Monetising New Issue Concessions 32:10 ESG Stigma vs Performance 34:00 Portfolio Fit for Advisers 📈 Stocks and ETFs Mentioned: Alphabet (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), Global Carbon Leaders Fund (CBOE: CBNX), META (NASDAQ: META), Microsoft (NASDAQ: MSFT) 🎟️ Join us at the Basis Points Boat Party, get your tickets here. ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA): 0.50 Total Hours Knowledge Requirements: Economic Environment (0.25 hour), Managed Investments (0.25 hour) | Legislated CPD Area: Technical Competence (0.25 hour), General (0.25 hour) Complete the quiz here to claim your points. ——— Thanks to CBOE APAC for sponsoring this episode. For more information about the CBOE listed Global Carbon Leaders fund (CBOE: CBNX), head here ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ———- Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not tak...

What a commodity supercycle would mean for Australia - Greg Cassidy | Milford

37 min

Commodity markets are back in focus. Gold has more than doubled in recent years. Lithium has flipped from surplus to deficit and iron ore continues to quietly underpin the Australian economy. So, is this the start of something bigger, like a commodity super-cycle? In this episode, we’re joined by Greg Cassidy, Senior Analyst at Milford, to unpack the forces driving the global resource rally and what it means for adviser portfolios. We cover: The three macro forces behind the surge: deglobalisation, decarbonisation and AI.The outlook for LNG.Why iron ore still matters most for Australia’s budget and equity index.Greg’s key takeaway for advisers: why “you should own resources” and how to think about active vs passive exposure in a volatile sector. Chapters: 00:00:00 Introduction 00:04:10 Three Drivers Of The Rally 00:09:05 Supply Constraints And M&A Activity 00:11:04 Australia In The US China Split 00:14:13 Gold And Real Assets 00:16:18 Commodities To Watch Now 00:18:23 Copper’s Structural Deficit 00:20:10 Lithium Volatility Explained 00:22:32 LNG Supply And Demand 00:25:34 Australia’s Key Export Exposures 00:29:56 Portfolio Positioning For Advisers 00:33:43 Avoiding Resource Investing Mistakes ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.05 Total Hours Knowledge Requirements: Managed Investments (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— Before you invest, be sure to read the Milford Funds Product Disclosure Statements and Target Market Determinations at https://milfordasset.com.au/documents-and-forms/   You can read the full disclaimer at https:/milfordasset.com.au ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended...

Why the US underperformed in 2025 - and why it will happen again - Cameron Gleeson

38 min

2025 saw global markets outside the US outperform and Betashares’ Cameron Gleeson believes that trend is far from over. We sat down with Cam, Senior Investment Strategist at Betashares, to unpack the macro and market forces that could see Europe, Japan, and emerging markets lead the charge in 2026. You’ll learn: Why the US may lag despite strong earnings growthEurope’s policy pivot and Japan’s inflation comebackThe emerging markets getting Cameron most excitedCurrency hedging strategies and portfolio positioning for 2026 Chapters: 00:00:00 The Case For Looking Beyond The US 00:04:07 Why 2025 Rewarded Ex US Positioning 00:08:24 When Currency Moves Drive Real Returns 00:10:48 The Macro Setup Heading Into 2026 00:16:20 Japan’s Turn From Laggard To Leader 00:22:01 Where Emerging Markets Still Make Sense 🔍 Links Mentioned: Win a $500 Visa Digital eGift Card by completing the 2026 Equity Mates Media Community Survey! The Community Survey helps us understand how we can continue to improve our content to help you on your money and investing journey. You can either complete the five compulsory questions, or take 10 minutes to give us a bit more feedback: https://www.surveymonkey.com/r/WRWDVTV  📈 Stocks & ETFs Mentioned: Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), Betashares Japan Currency Hedged ETF (ASX: HJPN), BHP Group (ASX: BHP), Microsoft (NASDAQ: MSFT) ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.05 Total Hours ASIC Knowledge Requirements: Securities (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only,...

The risk hiding in your client’s portfolio - Ben Preston | Orbis Investments

33 min

”Conventional wisdom will tell you that the lowest risk portfolio you can have is to have 70% of your assets in one country…that's a violation of common sense.” Ben Preston Portfolio Manager at Orbis Investments, warns that in markets dominated by a handful of mega-caps, portfolios that look diversified on the surface- may be carrying far more risk than advisors realise.  We sat down with Ben to unpack where diversification breaks down and find out how advisors can better identify this hidden concentration risk.  In this episode, you’ll learn: How benchmark alignment can increase portfolio risk in narrow markets.Why historical bubbles reveal the dangers of perceived diversification.Practical ways to assess diversification across geographies, styles, and currencies. Chapters: 00:00:00 – Rethinking Portfolio Diversification Risk 00:05:45 – Understanding Today’s Narrow Market 00:09:01 – Benchmarking And Concentration Exposure 00:14:15 – Defining Diversification Across Scenarios 00:18:52 – Broadening AI Exposure Beyond The US 00:22:11 – Currency Management As A Portfolio Input 📈 Stocks and ETFs Mentioned: NVIDIA, META, SK Hynix Inc. SK Square Co. Ltd, ASML. TSMC, Alphabet, Next Plc, PDD Holdings. ——— CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. 0.5 Total Hours  Knowledge Requirements: Managed Investments (0.50 hour) Legislated CPD Area: Technical Competence (0.50 hour) ——— This episode has been sponsored by Orbis Investments. If you would like to learn more about Orbis’ contrarian investment approach can offer a true point of diversification when constructing client portfolios, click here. Thank you to Orbis for helping us keep all of our content free and accessible. ——— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ——— Basis...

Graduates, not gambles: How Australia’s best small caps ‘grow up’ - Jovana Gagic | Paradice

32 min

What if the most reliable out-performers in the Australian market aren’t the blue chips, but the companies graduating quietly through the mid-cap ranks? Advisors often focus on small-cap potential or large-cap stability. But Jovana Gagic, Portfolio Manager and Analyst at Paradise Investment Management believes Australia’s mid-caps are where earnings growth, diversification and structural tailwinds collide. Ren sat down with Jovana to unpack the signals that can help advisors distinguish graduates from gambles in today’s market. In this episode: How to spot the true graduation signals as companies move from speculative to scalable What makes the mid-cap index a structurally appealing investment Risk-management frameworks that help avoid the blow-ups while capturing long-term compounders Timestamps: 00:00:00 – Opening Thoughts  00:03:00 – Small Caps That Grow Up  00:06:10 – Why Mid Caps Outperform  00:10:20 – Diversifying Beyond Banks  00:14:30 – Finding Structural Winners  00:18:40 – Red Flags and Risk Control  00:23:00 – Graduation Stories  00:27:20 – Mid Caps in Portfolios  00:31:10 – Survival of the Fittest ———- CPD Points: This episode has been accredited for CPD points by the Financial Advice Association of Australia (FAAA). To claim your points, complete the CPD quiz here and we’ll send you your certificate. ———- This episode has been sponsored by CBOE APAC. Head to the Cboe website to learn more about their Cboe-listed ETF Paradice Australian Mid Cap Fund Active ETF Thank you to Cboe APAC for helping us keep all of our content free and accessible. ———- Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ———- In the spirit of reconciliation, Equity Mates Media and the hosts of Basis Points acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders pas...

Building an advice business for the millionaire next door - Jeff Thurecht & Marshall Brentnall

47 min

“No client wants to be scaled.” So how do you grow an advice business without making clients feel that they’re just a number? In this episode, we explore how Evalesco balances efficiency, scale, and deep personalisation to serve their “millionaire next door” client base. Ren sat down with Jeff Thurecht (CEO) and Marshall Brentnall (CIO) to hear how they scaled an advice business with a strong client-care philosophy, team culture, and high-quality practice management systems. We cover: How to design a client care model that feels truly personal even as your firm grows.Practical tools and processes that lift adviser capacity, including SMAs, workflow design, and AI-driven efficiencies.How to improve client engagement during challenging market conditions. Timestamps: 00:00 - Intro 02:40 - Scaling The Right Way 08:30 - Systems that Free Adviser Time 12:00 - Automations and AI 16:05 - Culture That Drives Client Care 19:33 - Design Processes Around Relationships  22:32 - Personalised Portfolios at Scale  26:35 - Evalesco's Investment Philosophy 32:52 - Guiding Clients Through Turbulence 35:27 - Client Communication That Works 40:14 - Case Study: Intergenerational Planning —— CPD Points: This episode is accredited for CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. —— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube   —— In the spirit of reconciliation, Equity Mates Media and the hosts of Basis Points acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. —— Basis Points is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is genera...

This $800bn market is just getting started - Anthony Ip | Milford

39 min

Australia's corporate bond market has quietly become the third largest in the world, and signs point towards more growth to come.   With offshore giants tapping local liquidity and the AI infrastructure boom demanding trillions in new capital globally, Australia's fixed income market is no longer a niche corner of the capital market- it’s globally relevant. So what kind of opportunities can these shifts in fixed income create for advisors and their clients’ portfolios? Alec sat down with Anthony Ip, Fixed Income Portfolio Manager, Milford Corporate Bond Plus Fund to find out. Timestamps 00:30 – Macroeconomic update: Australian resilience, household confidence, inflation risks 03:44 – RBA’s dual mandate and future interest rate trajectory 05:48 – The evolution and scale of Australia’s corporate bond market 10:54 – Key sectors and issuers shaping the bond market 13:44 – The future of offshore corporates issuing in Australia 15:19 – Australia’s fiscal position and attractiveness to global investors 18:09 – AI infrastructure boom and implications for credit markets 29:52 – Practical takeaways for advisers on incorporating fixed income Thank you to Milford for sponsoring this episode of Basis Points, and helping us keep all of our content free. If you want to learn more about Milford's funds head to their website. Equity Trustees Limited (“Equity Trustees”) (ABN 46 004 031 298), AFSL 240975, is the Responsible Entity for the Milford Australian Absolute Growth Fund and Milford Dynamic Small Companies Fund. Before you invest, be sure to read the Milford Funds Product Disclosure Statements and Target Market Determinations at http://milfordasset.com.au —— CPD Points: This episode is accredited CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. —— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube —...

Private markets are an illusion - Tim Carleton | Auscap Asset Management

42 min

Today’s guest believes investors should rethink risk, and be wary of confusing calm waters with safety.   In this episode, we speak to founder and CIO at Auscap Asset Management, Tim Carleton- and he does not hold back. He unpacks the flaws he sees in how private markets are valued, questions the sustainability of private credit and declares that three out of the four Big Banks in Australia have lost their competitive advantage.  Also in this episode: The two factors Tim believes determine long term returnsUnpacking the illusions of private marketsBehind Auscap’s outperformance since 2012Tim's Checklist for building a strong Quality filterWhere Auscap sees genuine value and is deploying capital today ——  CPD Points: This episode has been accredited for CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to receive your points. ——  Want more Basis Points?  Sign up to the Basis Points email  Join the conversation on LinkedIn  Watch all episodes in full and relive some of our favourite clips on YouTube  ——  In the spirit of reconciliation, Equity Mates Media and the hosts of Basis Points acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.   ——  Basis Points is a product of Equity Mates Media.   This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.   Equity Mates Media operates under Australian Financial Services Licence 540697.  Hosted on Acast. See acast.com/privacy for more information.  Ho...

The emerging markets blind spot: are you missing the next big opportunity? | Vern du Preez, Orbis Investments

32 min

Is the next decades biggest growth story hiding in plain sight? Bryce and Ren sit down with Vern du Preez, Investment Specialist at Orbis Investments, to explore the new face of emerging markets and why it’s time to challenge old assumptions. They discuss: •Where to find real opportunity as China cools. •Using the active edge in emerging markets.  •How to capture Emerging market upside while limiting risk.  •How advisors can position clients ahead of the curve. ——— CPD Points: This episode is accredited for CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. ——— This episode has been sponsored by Orbis Investments. If you would like to learn more about Orbis' contrarian investment approach can offer a true point of diversification when constructing client portfolios, click here. Thank you to Orbis for helping us keep all of our content free and accessible. ——— Want more Basis Points? Sign up to the Basis Points emailJoin the conversation on LinkedInWatch all episodes in full and relive some of our favourite clips on YouTube ———- Basis Points is a product of Equity Mates Media.  This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.  Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Building a modern advice practice - Owen Raszkiewicz

40 min

AI and digital media are reshaping financial advice. Advisors now need to offer transparency, harness technology, and engage with clients in new ways or risk losing out on a new generation of clients. In this episode, we speak with Owen Raszkiewicz, founder of the Rask Group, who is leveraging these shifts to build a practice that leans into the future of financial advice. It’s a practical look at how to adapt and thrive in a changing industry. We cover: Why advice firms need to rethink scale and transparency to meet growing demand.How fixed-fee, once-off advice is resonating with the next generation of clients.Building trust and client acquisition through content marketing.Using new tech to streamline file notes, and advice delivery.The role of personal branding in standing out and building long-term client trust. —— CPD Points: This episode is accredited for CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. —— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ———- In the spirit of reconciliation, Equity Mates Media and the hosts of Basis Points acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.  ——- Basis Points is a product of Equity Mates Media.  This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.  Equity Mates Media operates under Australian F...

Generating outperformance in down markets - Hamish FitzSimons | AllianceBernstein

35 min

Beating the market doesn’t always mean chasing growth. Sometimes, it means means falling less when markets turn. Defensive equities aim to capture 80% of the upside, but only 50% of the downside- a profile designed to compound steadily and keep clients invested through volatility. Bryce and Ren speak with Hamish Fitzsimons, CIO of Australian Equities at AllianceBernstein, about how advisors can use this approach to build more resilient client portfolios. We cover: 00:40 – What “defensive equities” really means and why losing less compounds over time.07:00 – Lessons from the GFC: how client demand led to the Managed Volatility Equities Fund.10:30 – Identifying “defensive traps”: why some safe-looking stocks aren’t truly defensive.18:00 – Market outlook: expensive top-7 stocks vs. where the opportunities lie.23:30 – Macro noise: how to think about inflation, China, and geopolitics without overreacting.28:15 – Portfolio construction tips for advisors: Implementing defensive equities.32:10 – Managing client behaviour: reducing panic selling and keeping clients invested. ——— CPD Points: This episode is accredited for CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points ——— This episode has been sponsored by Cboe APAC. Head to the Cboe website to learn more about their Cboe-listed AMVE. The views expressed herein do not constitute research, investment advice or trade recommendations and do not necessarily represent the views of all AB portfolio management teams. Views are subject to revision over time. This podcast is intended only for persons who qualify as wholesale clients as defined in the Corporations Act. AB Managed Volatility Equities Fund–MVE Class–Active ETF (MVE-Class) is a unit class of the AB Managed Volatility Equities Fund (Fund) (ARSN 099 739 447). AllianceBernstein Investment Management Australia Limited (ABN 58 007 212 606, AFSL 230 683) (ABIMAL) is the responsible entity of the Fund and is the is...

Educating clients on the opportunities in private assets - Jordan Ryan | Koda Capital

45 min

For the first time, Australia’s largest family offices now hold more in private markets than in public equities.  It’s a shift that’s reshaping portfolio construction. So how can advisors respond?  In this episode, Bryce is joined by Jordan Ryan, Private Wealth Advisor at Koda Capital, to discuss the role private assets should play in client portfolios and the realities of educating clients on this often opaque asset class. We cover: Why private markets are moving from “alternative” to “traditional” investments.Portfolio construction with private credit, equity, and infrastructure.Defensive vs growth characteristics of private assets.Koda Capital’s approach to manager selection and capital deployment in private equity.Tips for educating clients in this evolving space. ——— CPD Points: This episode has been accredited for CPD points by the Financial Advice Association of Australia (FAAA). Complete the quiz here to claim your points. —— Want more Basis Points? Sign up to the Basis Points email Join the conversation on LinkedIn Watch all episodes in full and relive some of our favourite clips on YouTube ———- In the spirit of reconciliation, Equity Mates Media and the hosts of Basis Points acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.  ——- Basis Points is a product of Equity Mates Media.  This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.  Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted...

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